- Location
- Huntingdon
How many loads would you like to buy?Send me full offer on IM. Thanks.
C B
How many loads would you like to buy?Send me full offer on IM. Thanks.
The £ has weakened at the same time so only down 50pMarkets look like trading down today, unfortunately. Chicago was down 15c/bushels ($5.50)/mt from LIFFE close last night over night, so expect a quid off wheat and OSR this morning
C B
2 loads. £318ex bid yesterday + £9 more than that = £327ex farm as available. Normal terms on oil, admix bonuses etc. I'm out with the children at the cinema this morning but Rob can call me after 1pm to confirm.
That's tomorrow night the end one is when the wife finds out...Sorry, I misread your post. Tone implied you were after a bit of the black gold at crazy money.
@Grains Guru welcome to get in touch, although I suspect @crazy bull and @Grain Buyer have already sold him/her a Panamax worth and are currently stuffing their ill-gotten gains into the thongs of strippers.
Just been offered £135 base for feed wheat Nov 18.
Might do a load.......
Been thinking about this recently. £135 is a profit, which is rule no. 1. But not very exciting, and a long way ahead.
I often sell some that far forward, sometimes win, sometimes loose, but always leaves a profit. This time I am not so sure. Could go £40 either way at moment so I am going to hold for a while. Another £10 could probably persuade me though.
gut says go long. not much logic. agree there is a lot of pressure on you don't envy you.So then which way is it going?
Got three prices for chicken feed on the table.
Jun-Sept = 500t
Jun- Dec = 1000t
Jun - Feb = 1300t
The longer options are £2 discount to the shortest. Will get another price update lunchtime today.
Do we go short and wait for a fall or longer?
I hate these decisions, they have such a massive effect on profit.
My gut is the same, think unfortunately, we're riding a bit of a high at the moment. Hope I'm wrong :-(gut says go long. not much logic. agree there is a lot of pressure on you don't envy you.
gut says go long. not much logic. agree there is a lot of pressure on you don't envy you.
My gut is the same, think unfortunately, we're riding a bit of a high at the moment. Hope I'm wrong :-(
If you think the price of wheat/soya is high, then I'm better to buy till Sept or Dec and hope to benefit from a lower price early 2018?
It's all about the exchange rate until september really.
So then which way is it going?
Got three prices for chicken feed on the table.
Jun-Sept = 500t
Jun- Dec = 1000t
Jun - Feb = 1300t
The longer options are £2 discount to the shortest. Will get another price update lunchtime today.
Do we go short and wait for a fall or longer?
I hate these decisions, they have such a massive effect on profit.
and the weather ...............
if in doubt........ hedge !
I need to get to grips with hedging.
Do you do it through a grain merchant or is have you got an account with IG or someone?